Has Covid-19 pandemic put seafarers in the driver’s seat?
Many predict shipping will go through a labour shortage, but it could give mariners more bargaining power
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November 2021
Transocean tied to purchase of its largest tanker as MOL sells
Brokers say Monaco-based shipowner has purchased its first LR1 product tanker as prices move higher
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Limited Supply Throughout 2022 Bodes Well for the Dry Bulk Market’s Prospects
The dry bulk market’s fundamentals remain strongly in favor of shipowners moving forward. In its latest report, shipbroker Intermodal said that “COP26, 77 countries pledged to phase out coal by 2050 but the world’s biggest names in coal including China…
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Pre-sale vessel inspections put S&P in the clear
In a buoyant S&P market, up to one third of transactions now make use of pre-sale ship inspections. With transparency increasingly attractive to buyers, Campbell Johnston Clark (CJC) directors Jonathan Campbell and James Clayton, and associate Fran…
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Russia-India coking coal deal unlikely to impact Panamax shipping
Russia and India have recently entered into an agreement whereby Russia will supply up to 40 million tonnes of coking coal to India every year. Drewry believes this trade will have little or no impact on the demand for dry bulk shipping. The Indian gov…
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